Free Trial

Correlation To Equities

US TSYS

Last weeks positive correlation between Tsys and equities not carrying over to the new week (or at least for the moment): Tsys have fallen back near early session lows (bonds steady), while S&P futures making new highs (ESH1 +87.0). Month end FI buying in the rear-view, convexity hedging needs muted on the range and more cautious positioning ahead of Friday's Feb employment report in play.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.